The best BIK-busting PHEV company cars

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Low BIK rates and an engine to fall back on? These are the must-have PHEV company cars

Business users wanting to make the most of their cash need look no further than our list of best plug-in hybrid company cars. Blending the low taxation of electric cars with the worry-free usability of a traditional internal combustion-engined offering, these machines really do offer the best of both worlds. Essentially, plug-in hybrid electric vehicles feature a standard internal combustion engine, an electric drive motor and a battery.

Yet when the electricity runs out they can fall back on petrol or diesel power, so no range anxiety. For company car users, PHEVs are attractive because the electric running helps drastically reduce CO2 emissions and, consequently, benefit-in-kind bills . Most normal ICE cars are rated at around 27% of their value for taxation purposes, while PHEVs attract figures of between 12% and 5% .

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